Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Latest Circulars »
Open DEMAT Account in 24 hrs
 Auction of State Government Securities Feb 23, 2024
 RBI imposes monetary penalty on The Adinath Co-Operative Bank Limited, Dist. Surat, Gujarat
 The Relevance of SEACEN in a Turbulent World (Closing remarks by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - February 15, 2024 - at the 59th SEACEN Governors' Conference
  Business restrictions imposed on Paytm Payments Bank Limited vide Press Releases dated January 31 and February 16, 2024
 Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - HCBL Co-operative Bank Ltd., Lucknow (U.P.)
 Business restrictions imposed on Paytm Payments Bank Limited vide Press Releases dated January 31 and February 16, 2024
 Directions under Section 35 A read with section 56 of the Banking Regulation Act, 1949 Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District Extension of Period
 Reserve Bank of India (Government Securities Lending) Directions, 2023
 Building resilient brand India amidst global uncertainty (Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India - December 28, 2023 - at the 10th SBI Banking and Economic Conclave in Mumbai)
 Trade Credit for imports into India Submission of return on issuance of bank guarantees for Trade Credits on the Centralised Information Management System (CIMS)
 Minutes of the Monetary Policy Committee Meeting, December 6 to 8, 2023

Customs Notification No.66 /2011
July, 27th 2011

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

                                                          

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

 

Notification No.66 /2011-Customs

New Delhi, 26th July, 2011

 

G.S.R.    (E). - Whereas in the matter of imports of Poly Vinyl Chloride Paste Resin (hereinafter referred to as the subject goods), falling under sub- heading 3904 22 10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred as the said Customs Tariff Act), originating in, or exported from, Peoples Republic of China, Japan, Republic of Korea, Malaysia, Russia, Taiwan and Thailand (hereinafter referred as the subject countries) and imported into India, the designated authority in its preliminary findings vide notification No.14/36/2009-DGAD, dated the 11th June, 2010, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 11th June, 2010, had come to the conclusion that-

 

(a) the subject goods had been exported to India from the subject countries below associated normal values, thus resulting in dumping of the subject goods;

 

(b) the domestic industry had suffered material injury in respect of the subject goods;

 

(c) the material injury to the domestic industry had been caused by the dumped imports of the subject goods from the subject countries;

 

 

and had recommended imposition of provisional anti-dumping duty on the imports of subject goods, originating in, or exported from, the subject countries;

 

And whereas, on the basis of the aforesaid findings of the designated authority, the Central Government had imposed provisional anti-dumping duty on the subject goods vide notification No. 77/2010-Customs, dated 26th July, 2010, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.633(E), dated the 26th July, 2010;

           

            And whereas, the designated authority, in its final findings vide notification No. 14/36/2009DGAD, dated 2nd May, 2011, published in the Gazette of India, Extraordinary, Part I, section 1, dated the 2nd May,2011, had come to the conclusion that,-

 

(a)   the product under consideration had been exported to India from the subject countries ( except Japan), below their associated normal values, except in the cases wherein the dumping margin has been found to be negative.

 

(b) the domestic industry had suffered material injury in respect of the product under  consideration.

 

(c ) the material injury to the domestic industry had been caused by the dumped imports of the subject goods from the subject countries(except Japan).

 

Now, therefore, in exercise of the powers conferred by sub-section (1) read with sub-section (5) of section 9A of the said Customs Tariff Act, read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, on the basis of the aforesaid findings of the designated authority, hereby imposes on the subject goods, the description of which is specified in column (3) of the Table below, falling under sub-heading of the First Schedule to the said Customs Tariff Act as specified in the corresponding entry in column (2),  originating in the countries as specified in the corresponding entry in column (4),  and exported from the countries as specified in the corresponding entry in column (5), and produced by the producers as specified in the corresponding entry in column (6), and exported by the exporters as specified in the corresponding entry in column (7), and imported into India, an anti-dumping duty at a rate  which is equivalent to the difference between, the reference price as specified in the corresponding entry in column (8), in the currency as specified in the corresponding entry in column (10) and per unit of measurement as specified in the corresponding entry in column (9), of the said Table, and the landed value of such imported goods in like currency per like unit of measurement.

 

Table

Sl. No.

Sub-heading

Description of goods

Country of origin

Country of exports

Producer

Exporter

Reference price

Unit

Currency

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

1

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

China PR

China PR

Any

    Any

1707

MT

US Dollar

2

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

China PR

Any country other than subject countries

Any

    Any

1707

MT

US Dollar

3

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Any country other than subject countries

China PR

Any

    Any

1707

MT

US Dollar

4

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Malaysia

Malaysia

M/s Kaneka  Paste Polymers Sdn., Japan

M/s Mitsui & Co (Asia Pacific) Pte. Ltd., Malaysia

1471

MT

US Dollar

5

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Malaysia

Any country other than subject countries

Any other than Sl.No.4

 

1471

MT

US Dollar

6

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Any country other than subject countries

Malaysia

Any

Any

1471

MT

US Dollar

7

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Korea RP

Korea RP

M/s Hanwha Chemical Corporation

M/s Hanwha Chemical Corporation

NIL

MT

US Dollar

8

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Korea RP

Korea RP

M/s LG Chem Ltd.

M/s LG Chem Ltd.

NIL

 

 

9

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Korea RP

Any country other than subject countries

Any other than Sl.No.7 and 8

 

1706

MT

US Dollar

10

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Any country other than subject countries

Korea RP

Any

Any

 

1706

MT

US Dollar

11

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Taiwan

Taiwan

M/s Formosa Plastics Corporation

M/s Formosa Plastics Corporation

 

NIL

MT

US Dollar

12

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Taiwan

Any country other than subject countries

Any other than Sl.No.11

 

1701

MT

US Dollar

13

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Any country other than subject countries

Taiwan

Any

Any

 

1701

MT

US Dollar

14

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Russia

Russia

Any

Any

 

1701

MT

US Dollar

15

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Russia

Any country other than subject countries

Any

Any

 

1691

MT

US Dollar

16

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Any country other than subject countries

Russia

Any

Any

1691

MT

US Dollar

17

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Thailand

Thailand

Any

Any

 

1551

MT

US Dollar

18

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Thailand

Any country other than subject countries

Any

Any

 

1551

MT

US Dollar

19

39042190,

3904 22 10

Poly Vinyl Chloride Paste Resin

Any country other than subject countries

Thailand

Any

Any

 

1551

MT

US Dollar

 

 Explanation.- For the purposes of this notification, Poly Vinyl Chloride Paste Resin shall not include Blending resin, Co-polymers of PVC paste resin, Battery separator resin and PVC paste resin of K value below 60.

 

2.         The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of imposition of  provisional duty, that is, the 26th July, 2010 and shall be payable in Indian currency.

 

Explanation. For the purpose of this notification,-

 

(a)     Landed value of imports shall be the assessable value as determined under the Customs Act, 1962 and includes all duties of customs except duties levied under Sections 3, 3A, 8B, 8C, 9 and 9A of the said Customs Tariff Act.

 

(b)     rate of exchange applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

 

[F.No.354/107/2010 TRU (Pt-1)]

 

                                     

 (Sanjeev Kumar Singh)

Under Secretary to the Government of India.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting